During 2022, Merry Co. purchased the following shares which it classified as FVPL investment:
Shares
No. of Shares
Cost per share at the time of purchase
Fair value per share on December 31, 2022
A
1,000
P100
P80
B
5,000
P20
P25
C
10,000
P4
P5
How much unrealized gain or loss will be recognized in the Profit or Loss Statement for these investments on December 31, 2022?
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